4775 5Th Street HwyTemple, PA 19560

For Sale
$2,900,000

High-traffic, profitable car wash business.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a thriving car wash business and real estate in Temple, Pennsylvania. Located on a 1.02-acre lot at 4775 N 5th Street Hwy, 19560, this 3,352 square foot facility boasts a prime location with high average annual daily traffic (AADT) counts and numerous commercial anchors. Currently operating with a Net Operating Income (NOI) of $350,000, resulting in a 12.07% capitalization rate, this hybrid tunnel car wash presents significant potential for increased profitability. The asking price is $2,900,000, translating to $865.16 per square foot. The property is zoned CMX-3, offering flexibility for future development. The seller is open to selling the entire business and real estate, or the business alone on a triple net lease (NNN) basis. Detailed financial information, including in-depth financials and an offering memorandum, is available to qualified buyers upon the execution of a non-disclosure agreement (NDA) and proof of funds. This is a rare opportunity to acquire a high-performing car wash in a desirable location with substantial upside potential. The property's APN is 66-5309-11-75-4760.

Highlights

  • $2,900,000 asking price for a cash-flowing car wash.
  • 3,352 square foot car wash on a 1.02-acre lot in a high-traffic area of Temple, PA.
  • 12.07% cap rate with a $350,000 NOI.
  • Investment opportunity includes both the business and real estate, or the business only on a NNN lease.
  • Detailed financial information available to qualified buyers with NDA and proof of funds.

Property Details for 4775 5Th Street Hwy

Property type
Other specialty properties, Automotive properties
Square Feet
3,352 SF
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Temple
County
Berks
State
Pennsylvania
Latitude
40.40539167
Longitude
-75.92782868
4775 5Th Street Hwy, Temple, Pennsylvania

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4775 5Th Street Hwy
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